Swiss Mine Review: Ducatus Ponzi points OneCoin clone

There is no information on the Swiss Mine website indicating who owns or runs the business.

The Swiss Mine website domain (“swissmine.club”) was privately registered on December 5th, 2016.

The Swiss Mine compensation plan states that Swiss Mine is ‘registered in Singapore with its Branch office in Switzerland‘. Other than Singapore UEN registration number 201635218K, no further information is provided.

Further research reveals the provided UEN corresponds with Ducatus Swiss PTE LTD. Ducatus Swiss was incorporated in Singapore on December 30th, 2016.

The address used to incorporate Ducatus Swiss belongs to Luther Services.

We provide fast and efficient service for the formation and registration of a company or other legal entity in Singapore.

As such it appears Ducatus Swiss PTE LTD exists in Singapore in name only.

Corporate filings by Ducatus Swiss reveals Knut Unger and Ronny Andreas Tome as named Directors of the company.

Tome is listed as the sole shareholder of Ducatus Swiss. Knut Unger works for Luther Services.

According to the Ducatus Swiss incorporation documents, Tome is based out of Bali, Indonesia. This is likely where Swiss Mine is actually being run out of.

Tome (right) doesn’t have an MLM history but does appear to have experience with cryptocurrency, specifically bitcoin.

Why Ronny Tome does not acknowledge ownership of Swiss Mine on the company website is unclear.

The Swiss Mine Product Line

Swiss Mine has no retailable products or services, with affiliates only able to market Swiss Mine affiliate membership itself.

Once signed up, Swiss Mine affiliates invest Euro in exchange for tokens. These tokens can be converted into Ducatus points.

Ducatus points are not publicly tradeable and can only be exchanged for cash via Swiss Mine’s internal DucatusX exchange.

The Swiss Mine Compensation Plan

The Swiss Mine compensation plan sees affiliates invest in Ducatus points. Commissions are paid when they recruit others who do the same.

Swiss Mine affiliates can also earn money by converting Ducatus points into cash via an internal exchange. The company also runs a 1% a month ROI investment scheme.

Swiss Mine Affiliate Ranks

There are fourteen affiliate ranks within the Swiss Mine compensation plan.

Along with their respective qualification criteria they are as follows:

Affiliate – sign up and invest €50 to €25,000 EUR

Iron – have a downline generating at least 1000 GV a month and recruit at least two affiliates who have invested at least €50 EUR each

Aluminium – have a downline generating at least 3000 GV a month and have at least one Iron ranked downline affiliate

Zinc – have a downline generating at least 8000 GV a month and have at least two Iron ranked downline affiliates

Nickel – have a downline generating at least 21,000 GV a month and have at least one Aluminum and one Iron ranked downline affiliates

Copper – have a downline generating at least 55,000 GV a month and have at least one Zinc, one Aluminium and one Iron ranked downline affiliate

Bronze – have a downline generating at least 144,000 GV a month and have at least one Nickel and two Aluminium ranked downline affiliates

Silver – have a downline generating at least 377,000 GV a month and have at least one copper and two Zinc ranked downline affiliates

Gold – have a downline generating at least 987,000 GV a month and have at least one Bronze and two Copper ranked downline affiliates

Platinum – have a downline generating at least 2,584,000 GV a month and have at least one Silver, one Bronze and two Copper ranked downline affiliates (or personally recruit 5 Bronze ranked affiliates)

Titanium – have a downline generating at least 6,765,000 GV a month and have at least one Bronze and two Copper ranked downline affiliates (or personally recruit at least 8 Bronze ranked affiliates)

DC Senator – have a downline generating at least 17,711,000 GV a month and have at least one Platinum, two Gold and 3 Silver ranked downline affiliates (or personally recruit at least 10 Silver ranked affiliates)

DC Centurion – have a downline generating at least 28,658,000 GV a month and have at least one Titanium, two Platinum and five Gold ranked downline affiliates (or personally recruit at least 13 Gold ranked affiliates)

DC Emperor – have a downline generating at least 75,025,000 GV a month and have at least one DC Senator, two Titanium, five Platinum and five Gold ranked downline affiliates (or personally recruit at least 18 Gold ranked affiliates)

Commission Payout Percentages

Commissions paid out to Swiss Mine affiliates are not straight cash withdrawals.

Ruler Share Pool

The Ruler Share Pool is made up of an undisclosed percentage of company-wide investment volume and is paid out quarterly.

Ducatus ROI

When a Swiss Mine affiliate invests they receive tokens. These tokens can be converted into Ducatus points.

Through an internal exchange and value per Ducatus point set by Swiss Mine, affiliates can convert Ducatus points into cash to withdraw.

DucatusX

Through DucatusX, Swiss Mine offer a fixed ROI of 1% a month on €1000 to €500,000 EUR.

Invested monies are locked for a period of 8 months and can only be extended for a maximum of 2 additional periods.

Joining Swiss Mine

Swiss Mine affiliate membership costs €30 EUR plus investment in one of the following nine packages:

Apprentice – €50 EUR

Miner – €250 EUR

Builder – €1000 EUR

Trader – €2500 EUR

Executive – €5000 EUR

Viceroy – €10,000 EUR

Patron – €15,000 EUR

Magnate – €25,000 EUR

The primary difference between the packages is income potential through the Swiss Mine compensation plan.

Conclusion

If Swiss Mine reminds you of the OneCoin Ponzi scheme, it’s because Swiss Mine has literally cloned OneCoin’s Ponzi points business model.

Nowhere is Ronny Tome’s inspiration for Swiss Coin more evident than in the presence of OneCoin marketing material on the official Swiss Mine YouTube channel:

The MLM cryptocurrency Ponzi points model sees a company launch points affiliates can invest into. The points themselves are worthless outside of the business opportunity.

Prospective affiliates are told the points will go public at some point and primarily market themselves via fear of loss (“Missed bitcoin? Don’t miss our coin too!”).

With respect to Swiss Mine’s Ducatus Ponzi points, the company states that they will pre-mine 7.7 billion of them.

100% of DUCATUS coins will be pre-mined and securely stored by the company.

Over a period of 3 years, these coins will then periodically be released to the partners following a pre-determined schedule.

What this means in reality is that Swiss Mine will generate otherwise worthless points, which are pawned off to affiliates for actual money.

The usual promises of a merchant network and public launch are also evident:

The company will launch an internal trading platform by August 1st 2017. This platform will allow partners to sell their coins back to the company or directly to other partners.

Public trading of Ducatus coins is determined for January 1st 2020.

Despite withholding affiliate withdrawals to be spent in the currently non-existent Ducatus merchant network, how the company plans to overcome attracting legitimate third-party merchants to a Ponzi scheme is unclear.

As OneCoin will find have to come to terms with following the launch of their merchant network next month, real legitimate businesses can’t operate on Ponzi points.

As to the Ponzi aspect of the business, that lies within the DucatusX internal exchange.

Affiliates invest money in Swiss Mine in exchange for Ducatus points. Swiss Mine increase the value of Ducatus points and affiliates cash out a ROI through the DucatusX exchange.

This ROI is paid out of subsequently invested funds, making Swiss Mine a Ponzi scheme.

The MLM compensation plan is focused on paying Swiss Mine affiliates to recruit new affiliates, without which the scheme collapses.

Pay to play is also embedded into the compensation plan, with minimum investment amounts required to qualify for commissions (residual commissions and the matching bonus).

Putting all of it together, you have worthless Ponzi points attached to a pyramid scheme compensation plan.

Despite advertised plans to list Ducatus on public exchanges in 2020, the reality is the company will likely be bust long before then.

Ducatus Coin is at pre market…so yes it is a gamble to buy untill it goes to market.
(Ozedit: more marketing spam removed)

Ducatus has real company offices all over the world already…. that anyone can walk into at anytime and talk and meet the staff there..

So the real rub here if you will is…WHY MLM Marketing? Well we are already in over 100 countys world wide.. so love it or hate it if used well and policed it is a great tool for getting Ducatus out to the market right..

I look forward to any comments on here…and am more than happy to answer them..

do you have an email address which i could contact you directly? i agree with what you have mentioned & i am interested to know more. in fact, i could share with you on what i have in mind on this scheme.

The Swiss FINMA has issued a warning to Swissmine, based in Zürcherstrasse 61, 7320 Sargans. FINMA points out that this Swissmine has nothing to do with SwissMine AG.

Meanwhile, both indicated websites (w.w.w.swissmine.world and w.w.w.swissmine.club) refer to DUCATUS, whereby in the imprint on the international side again the enterprise Centurion Mena FZE, Ras Al Khaimah is called in Dubai.

In contrast, the German-language page incompletely contains no contact address.

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